Fraud in focus: Understanding the complexity of modern scams

Moody’s Talks: KYC Decoded

Let's get into the evolving world of fraud on KYC Decoded, where the complexity and sophistication of fraud now poses new and daunting challenges for professionals and organizations alike. This episode draws on invaluable insights from the Cifas Fraudscape report, brought to life by guest, Stephen Dalton, Director of Intelligence at Cifas. Together with our host, Alex Pillow, they analyze the most concerning fraud trends, uncover the advanced tactics of fraudsters, and emphasize the importance of data in defending against threats.
Key topics in this episode include:

• The factors leading to the rise in reported fraud cases and strategies to combat this upward trend
• The sophistication of modern scams and the impact on targeted industries
• Fraudulent activities committed by lone individuals versus organized crime groups
• How AI is leveraged by both fraudsters and compliance professionals
• The essential measures to detecting and disrupting fraud

To learn how Moody’s compliance and third-party risk management can help your organization with fraud prevention, please visit our website or get in touch; we’d love to hear from you.